Overview
Last updated
Last updated
Nebula Finance - a native Dymension RollApp, offers a liquid staking solution for the Dymension native token $DYM
, it will be deployed and operated both on Dymension mainnet and as a RollApp.
When users liquid stake their DYM coins with Nebula Finance ,they receive an on-chain representation of their staked DYM, named as nDYM.
This empowers Dymension token holders to access liquidity for their staked assets, which they'll be able to use for trading or their preferred use in various DeFi products in near future.
Liquid staked DYM automatically reflects staking rewards, and after a short period of time with the launch users will be able to withdraw their nDYM to receive their native tokens and accrued staking rewards.